Southern Money

It’s a hassle to apply and forward your loan request to each creditor you can think of. Thankfully, there’s Southern Money who can match you with various creditors, depending on your needs.

What is Southern Money?

Southern Money is a company established to provide assistance to South Africans in looking for the right financial product for their needs. It was founded in 2004 and is one of the top matching services for lenders and clients in the country.

Southern MoneyTheir products include personal loans and home loans. They can also provide cellular contracts to eligible applicants in South Africa. Their personal loans are also available to those who have bad credit ratings and blacklisted from requesting loans from big financial institutions. Southern Money provides professional service to clients, whether they have a good credit rating or not.

Southern Money is all you need to get in touch with credible lenders in South Africa. Forget about submitting your request to each and every creditor you can find online. Southern Money can do these things for you, free of charge and without hidden costs.

They work with a number of lenders and they can match you with the right creditor based on your needs. You can use the borrowed money to pay for school fees, remodel your home, or pay for accidents and emergency expenses. It’s up to you how you want to use the loaned amount.

Since they’re offering unsecured loans, there’s no need to give up any collateral just to get your application approved.

Their loans are also accompanied by a Personal Protection Plan. This can help settle any outstanding balance you still have in case you die, contract a dreaded disease, or suffer from a permanent disability.

Getting Your Loan

To apply for loans offered by Southern Money, just fill out their application form online and attach the required documents before submitting it.

After submitting your request, you’ll be given a tracking code which you can use to monitor the progress of your loan application. You can also contact Southern Money to ask about the status of your loan request.

You don’t have any obligation to proceed with your application after you’re given loan quotations by Southern Money. The choice is all yours if you want to accept what they’re offering or not.

Their advantage over other creditors is their speed in processing loan requests. Expect the requested money to be deposited in your bank account within 2 days.

Interest & Fees

The application itself is free of charge. Southern Money profits from referring clients to their partner lenders.

Their personal loans are offered with fixed interest rates. This means you will pay the same monthly repayments all throughout the duration of your loan term, regardless of the fluctuation of interest rates on the market.

Repayment Schedule

Repayment terms will vary depending on the amount you’re borrowing and your credit rating. Those with bad credit history are often given higher interest rates compared to those who are able to pay their debts regularly.

The monthly instalments you need to pay are already pre-computed to make it easier for you to include them in your budget.


Additional requirements may vary, depending on the partner lender’s needs. However, the basic information and documents you need to submit to Southern Money is the same with all creditors offering loans to individuals:

  • Copy of ID book
  • Most recent payslips and bank statements (past 6 months)
  • Proof of residence (bills that are at most 3 months’ old)

Make sure you attach these documents to your application form before submitting it.

Contact Details

You can get in touch with Southern Money by filling out their contact form online. You can also reach them by mail, fax, or telephone through the following channels:

Phone: (011) 057 4716

Fax: 0866 443 054

Mail: PO Box 10062, Dalview, 1544


You can also visit their head office found at the following address:

Office Address: HQ – 712 Voortrekker Rd., Brakpan, Gauteng, 1541

They’re open during weekdays, from 9:00 AM to 5:00 PM, and Saturdays from 9:00 AM to 12:30 PM.